Pressure mounts around controversial Retortillo uranium mine project in Spain as Berkeley Energia threatens to claim EUR 500 million (US$603.45 million) from the Spanish government if proposed climate law jeopardizes authorization for Retortillo. Local media sources reported yesterday that Francisco Bellón, president of Berkeley Spain, advised that they will activate all the legal mechanisms at …
Commodities are starting to revive after a 10-year bear market. Natural resources like energy, metals, and agriculture look set for an extended run, and investors should get on board. The recovery in commodity prices, Goldman Sachs analysts say, “will actually be the beginning of a much longer structural bull market” that could rival that of …
Saskatoon, Saskatchewan, Canada, January 31, 2021 Cameco (TSX: CCO; NYSE: CCJ) marked the successful closure today of the binding Membership Interest Purchase Agreement (MIPA) between Cameco Corporation, Silex Systems Limited (Silex) and GE-Hitachi Nuclear Energy, completing the ownership restructuring of Global Laser Enrichment LLC (GLE). With the restructuring, Cameco’s interest in GLE increases from 24% to …
TORONTO, Jan. 28, 2021 /CNW/ – Denison Mines Corp. (“Denison” or the “Company”) (TSX: DML) (NYSE: DNN) is pleased to report the results from the 2020 regional exploration program at the Company’s 90% owned Wheeler River Uranium Project (“Wheeler River”), including the discovery of new high-grade unconformity-hosted uranium mineralization up to 7.66% U3O8. Drill hole WR-741AD2, which …
Toronto, Ontario, January 28, 2021 – Purepoint Uranium Group Inc. (TSXV: PTU) (“Purepoint” or the “Company”) today announced that drilling program at Hook Lake has begun. Hook Lake is a joint venture between Cameco Corporation (39.5%), Orano Canada Inc. (39.5%), and Purepoint (21%) in the Patterson Uranium District, Saskatchewan, Canada. The Hook Lake Project lies on …
Over the past two decades, the US Nuclear Regulatory Commission (NRC) has been captured by the nuclear power companies it is supposed to regulate. The process of capture and resulting erosion of regulation has been driven in part by the increasingly poor economics of nuclear energy as companies struggle to avoid large costs due to …
Added to Solactive Global Uranium Pure-Play Index TORONTO, ONTARIO, January 26, 2021 – Plateau Energy Metals Inc. (“Plateau” or the “Company”) (TSX-V:PLU | OTCQB:PLUUF) is pleased to announce positive uranium prospecting and sampling results extending existing drilled deposit trends and identifying new anomalies for future exploration drill testing at the Company’s Macusani Uranium Project area …
Hopes are high that 2021 will confirm the start of a new bull market in uranium. Many people are predicting that in the near to mid-term the nuclear fuel could see plenty of screens glowing green in the best way possible. Fans of the heavy metal are quietly confident that the classic combination of reduced …
TEHRAN- Hadi Beiginejad, a senior member of the Parliament’s Energy Committee, said on Sunday that Iran has started construction of phases 2 and 3 of the Bushehr nuclear power plant. “The second and third phases of the Bushehr power plant development have been signed with the Russians under 10-year and 8-year contracts,” Fars quoted Beiginejad …
YEREVAN (Arka) — Armenia’s State Nuclear Safety Regulatory Committee will extend the license for the operation of the Armenian NPP until 2026 after the successful implementation of all activities planned for this year, NPP CEO Eduard Martirosyan said last Friday during a discussion that involved Armenian Territorial Administration and Infrastructure Minister Suren Papikyan, Russian Ambassador …
